Stock Market & Financial Investment News

Zoetis IPO indicated to open $28.50-$29.00 on 2M sharesZoetis (ZTS) priced 86.1M shares at $26.00. JPMorgan, BofA/Merrill and Morgan Stanley acted as joint book running managers for the offering. Note that Zoetis is the animal health unit of Pfizer (PFE), which is being spun off.